The Sheperd equation and chaos identification

Abstract

An equation created by Sheperd (1982) to model stability in exploited fish populations has been found to have a wider application, and it exhibits complicated internal dynamics, including phases of strict periodicity and of chaos. It may be potentially applicable to other psychophysiological contexts. The problems of determining goodness-of fit, and the comparative performance of alternative models including the Shephed model, are briefly addressed. Show more